The following is the trial balance of T. Owen as at 31 March 2016. Draw up a set of financial statements for the year ended 31 March 2016. Dr f Cr f Inventory: 1 April 2015 52,800 276,400 Sales Purchases 141,300 Carriage inwards 1,350 Carriage outwards 5,840 Returns outwards 2,408 Wages and salaries 63,400 Business rates 3,800 Communication expenses 714 Commissions paid 1,930 Insurance 1,830 Sundry expenses 208 Buildings 125,000 Accounts receivable 45,900 Accounts payable 24,870 Fixtures 1,106 Cash at bank 31,420 Cash in hand 276 Drawings 37,320 210,516 Capital 514,194 514,194 Inventory at 31 March 2016 was £58,440, 2024.07.17 18:36

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17-07-2024
Business

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The following is the trial balance of T. Owen as at 31 March 2016. Draw up a set of financial statements for the year ended 31 March 2016. Dr f Cr f Inventory: 1 April 2015 52,800 276,400 Sales Purchases 141,300 Carriage inwards 1,350 Carriage outwards 5,840 Returns outwards 2,408 Wages and salaries 63,400 Business rates 3,800 Communication expenses 714 Commissions paid 1,930 Insurance 1,830 Sundry expenses 208 Buildings 125,000 Accounts receivable 45,900 Accounts payable 24,870 Fixtures 1,106 Cash at bank 31,420 Cash in hand 276 Drawings 37,320 210,516 Capital 514,194 514,194 Inventory at 31 March 2016 was £58,440, 2024.07.17 18:36

Sagot :

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